Market Research Future published a research report on “Wi-Fi Chipset Market Research Report- Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Highlights:

In this rapidly changing environment, demand of high-tech electronic products, integration of Wi-Fi into homes and enterprises is ever increasing. In Wi-Fi chipset market innovation is a key driver. Internet of things (IoT) is considered as a major component with respect to Wi-Fi chipset market.

The study indicates that proliferation of Wi-Fi-enabled mobile devices, smart houses, smart city initiatives are the key factors driving the Wi-Fi chipset market. The technology advancement in communications protocol and launch of new frequency bands in emerging countries, technological advancements in microelectronics are the driving factors for the Wi-Fi chipset market. The high costs in embedding the Wi-Fi chipsets into new products would result in complex structure which would be a restraining factor for Wi-Fi Chipset Market.

The recent news tells us that Qualcomm’s new 205 chipset will bring Wi-Fi, Bluetooth 4.1, LTE to feature phones. Qualcomm has realized a potential that can be tapped in phones using power chipsets

The Wi-Fi chipset Market is growing rapidly over 4% of CAGR and is expected to reach at USD ~20 billion by the end of forecast period.

The Wi-Fi chipset Market has been segmented on the basis of application, band, and end-user. Looking through the end-user segments, it has been observed that consumer electronics sector is dominating the Wi-Fi chipset market. The study also indicates that manufacturing industry and automotive industry would expect a substantial increase in Wi-Fi chipset market due to rising demand of miniaturization and automation. The study reveals that mobile device applications would dominate the Wi-Fi chipset market by the forecast period owing to the rising popularity of smart phones, tablets and laptops resulting in demand of high data speeds.

Market Research Analysis:

Market Research Future Analysis shows that government is taking initiatives, for smart-city developments which in result drives the Wi-Fi chipset market. The study indicates a rising popularity of smart phones, tablets and laptops resulting in demand of high data speeds ultimately increase the demand for Wi-Fi chipsets.

Regional analysis for Wi-Fi chipset market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. The study reveals that Asia-Pacific region would evolve as a leader in Wi-Fi chipset market. The study indicates large investments and technological advancements by Asia-Pacific countries towards consumer electronics industry is responsible for the rapid growth in Wi-Fi chipset market by the forecast period.

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